Filed July 19, 2019
Total covered: 13 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 71-0294708 | Recordkeeping | $50,343 |
VBA BENEFITS CORPORATION5 years Service code 99 · EIN 54-1741662 | Other Fees | $27,742 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,888 | $122,239-37.1% | $184,203-58.3% | $74,495+3.2% |
| Participation rate | 94.2% | 85.5%+8.7pp | 86.8%+7.4pp | 67.2%+27.0pp |
| Annual return | 10.75% | 19.95%-9.2pp | 28.81%-18.1pp | 1364.94%-1354.2pp |
| Employer contribution / active EE | $2,187 | $4,537-51.8% | $6,427-66.0% | $2,623-16.6% |
| Participant deferral / active EE | $3,887 | $7,139-45.5% | $9,131-57.4% | $4,346-10.6% |
| Admin fee / account holder | $528 | $1,260-58.1% | $13,901-96.2% | $1,942-72.8% |